ALK: Annual Report to shareholders

Original announcement by asx on

Company
Alkane Resources Ltd
Ticker
ALK
Exchange
ASX
Region
Unavailable
Primary commodity
Gold
Secondary commodities
Antimony, Copper
Document categories
Other, Resource update, Production
Extracted
2026-10-02 03:08:11 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Alkane Resources Ltd reported a transformational year in FY2026, marked by the successful merger with Mandalay Resources, leading to record financial performance and the declaration of a maiden dividend. The company's expanded portfolio of three operating mines delivered strong production results, while exploration efforts significantly grew mineral resources and ore reserves at Costerfield and Björkdal, and advanced the Boda-Kaiser project. This positions Alkane for continued growth and shareholder returns.

Reasoning: Alkane Resources Ltd reported a transformational year in FY2026, marked by the successful merger with Mandalay Resources, leading to record financial performance and the declaration of a maiden dividend. The company's expanded portfolio of three operating mines delivered strong production results, while exploration efforts significantly grew mineral resources and ore reserves at Costerfield and Björkdal, and advanced the Boda-Kaiser project. This positions Alkane for continued growth and shareholder returns.

Positive factors

  • Successful merger with Mandalay Resources completed
  • Record financial performance with significant increase in profit, revenue, and EPS
  • Declaration of maiden dividend and approval of share buy-back
  • Tomingley exceeded production guidance, Costerfield met/exceeded production guidance
  • Significant growth in Ore Reserves at Costerfield through discovery, extension, and infill drilling
  • Doubled Mineral Resources at Storheden (Björkdal) through depth extension drilling
  • Advancing Boda-Kaiser environmental studies for future project approval
  • Strong balance sheet with high cash position and effectively debt-free
  • Inclusion in the S&P ASX 200

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 83

Extracted facts

Stored fact records: 71. Some facts used in scoring do not have a stored record.

Resource Estimates (71)

indicatedTomingley · goldTonnes: 5930000Grade: 1.8Grade Unit: g/tContained Metal: 347Contained Unit: kozView all details
Link to this fact

Identity

Project
Tomingley
Commodity
gold
Region
australia_nsw
Reported Region
Central West New South Wales
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:12881246c4cedb31fcb6
Deposit or zone
San Antonio

Resource Data

Category
indicated
Tonnes
5930000
Grade
1.8
Grade Unit
g/t
Contained Metal
347
Contained Unit
koz
Cutoff Grade
0.4
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30
Prior Tonnes
5930000
Prior Grade
1.8
Prior Contained Metal
347

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: The San Antonio Indicated resource remains unchanged from the prior year, providing a stable base for open pit planning.

Positive factors

  • Indicated resource category
  • Cut-off grade disclosed

Evidence · table

“5,930”

Context: 5,930

Tags used in scoring

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredTomingley · goldTonnes: 1389000Grade: 1.3Grade Unit: g/tContained Metal: 59Contained Unit: kozView all details
Link to this fact

Identity

Project
Tomingley
Commodity
gold
Region
australia_nsw
Reported Region
Central West New South Wales
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:ddbb1fcd84c10e777b71
Deposit or zone
San Antonio

Resource Data

Category
inferred
Tonnes
1389000
Grade
1.3
Grade Unit
g/t
Contained Metal
59
Contained Unit
koz
Cutoff Grade
0.4
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: The San Antonio Inferred resource provides potential for future conversion but has lower confidence.

Positive factors

  • Cut-off grade disclosed

Negative factors

  • Inferred resource category

Evidence · table

“1,389”

Context: 5,930

Tags used in scoring

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

measuredTomingley · goldTonnes: 342000Grade: 1.4Grade Unit: g/tContained Metal: 15Contained Unit: kozView all details
Link to this fact

Identity

Project
Tomingley
Commodity
gold
Region
australia_nsw
Reported Region
Central West New South Wales
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:4e97b1eb45204f4a5134
Deposit or zone
Stockpiles

Resource Data

Category
measured
Tonnes
342000
Grade
1.4
Grade Unit
g/t
Contained Metal
15
Contained Unit
koz
Cutoff Grade
0.4
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30
Prior Tonnes
0
Prior Grade
0
Prior Contained Metal
0

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: The addition of 342 kt of Measured stockpile resource represents a positive increase in readily available material.

Positive factors

  • Measured resource category
  • Significant increase in stockpile tonnage
  • Cut-off grade disclosed

Evidence · table

“342”

Context: 342

Tags used in scoring

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

measuredTomingley · goldTonnes: 1011000Grade: 2.7Grade Unit: g/tView all details
Link to this fact

Identity

Project
Tomingley
Commodity
gold
Region
australia_nsw
Reported Region
Central West New South Wales
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:674811c412f6b9a039b2
Deposit or zone
Wyoming One

Resource Data

Category
measured
Tonnes
1011000
Grade
2.7
Grade Unit
g/t
Cutoff Grade
1.3
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Wyoming One Measured resource provides a high-confidence component for underground operations.

Positive factors

  • Measured resource category
  • Cut-off grade disclosed

Evidence · table

“1,011”

Context: 1,011

Tags used in scoring

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

indicatedTomingley · goldTonnes: 627000Grade: 2.1Grade Unit: g/tView all details
Link to this fact

Identity

Project
Tomingley
Commodity
gold
Region
australia_nsw
Reported Region
Central West New South Wales
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:b1c3270836beb5bd02a6
Deposit or zone
Wyoming One

Resource Data

Category
indicated
Tonnes
627000
Grade
2.1
Grade Unit
g/t
Cutoff Grade
1.3
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Wyoming One Indicated resource contributes to the overall underground resource base.

Positive factors

  • Indicated resource category
  • Cut-off grade disclosed

Evidence · table

“627”

Context: 1,011

Tags used in scoring

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

inferredTomingley · goldTonnes: 104000Grade: 2.1Grade Unit: g/tContained Metal: 7Contained Unit: kozView all details
Link to this fact

Identity

Project
Tomingley
Commodity
gold
Region
australia_nsw
Reported Region
Central West New South Wales
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:8f02e78840d027f6ba74
Deposit or zone
Wyoming One

Resource Data

Category
inferred
Tonnes
104000
Grade
2.1
Grade Unit
g/t
Contained Metal
7
Contained Unit
koz
Cutoff Grade
1.3
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Wyoming One Inferred resource offers future potential but requires further drilling for confidence upgrade.

Positive factors

  • Cut-off grade disclosed

Negative factors

  • Inferred resource category

Evidence · table

“104”

Context: 1,011

Tags used in scoring

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

measuredTomingley · goldTonnes: 368000Grade: 2.3Grade Unit: g/tView all details
Link to this fact

Identity

Project
Tomingley
Commodity
gold
Region
australia_nsw
Reported Region
Central West New South Wales
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:c2fbeb90f0d98611633f
Deposit or zone
Caloma Two

Resource Data

Category
measured
Tonnes
368000
Grade
2.3
Grade Unit
g/t
Cutoff Grade
1.3
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Caloma Two Measured resource provides a high-confidence component for underground operations.

Positive factors

  • Measured resource category
  • Cut-off grade disclosed

Evidence · table

“368”

Context: 368

Tags used in scoring

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

indicatedTomingley · goldTonnes: 1499000Grade: 2.3Grade Unit: g/tContained Metal: 138Contained Unit: kozView all details
Link to this fact

Identity

Project
Tomingley
Commodity
gold
Region
australia_nsw
Reported Region
Central West New South Wales
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:bb2cbe21655ba9074284
Deposit or zone
Caloma Two

Resource Data

Category
indicated
Tonnes
1499000
Grade
2.3
Grade Unit
g/t
Contained Metal
138
Contained Unit
koz
Cutoff Grade
1.3
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Caloma Two Indicated resource contributes significantly to the underground resource base.

Positive factors

  • Indicated resource category
  • Cut-off grade disclosed

Evidence · table

“1,499”

Context: 368

Tags used in scoring

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredTomingley · goldTonnes: 362000Grade: 2Grade Unit: g/tContained Metal: 23Contained Unit: kozView all details
Link to this fact

Identity

Project
Tomingley
Commodity
gold
Region
australia_nsw
Reported Region
Central West New South Wales
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:1dc299b4005bf3df20cc
Deposit or zone
Caloma Two

Resource Data

Category
inferred
Tonnes
362000
Grade
2
Grade Unit
g/t
Contained Metal
23
Contained Unit
koz
Cutoff Grade
1.3
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Caloma Two Inferred resource provides future potential but requires further drilling for confidence upgrade.

Positive factors

  • Cut-off grade disclosed

Negative factors

  • Inferred resource category

Evidence · table

“362”

Context: 368

Tags used in scoring

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredTomingley · goldTonnes: 870000Grade: 2.5Grade Unit: g/tContained Metal: 70Contained Unit: kozView all details
Link to this fact

Identity

Project
Tomingley
Commodity
gold
Region
australia_nsw
Reported Region
Central West New South Wales
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:2f40a557d91427721614
Deposit or zone
McLeans

Resource Data

Category
inferred
Tonnes
870000
Grade
2.5
Grade Unit
g/t
Contained Metal
70
Contained Unit
koz
Cutoff Grade
1.3
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: McLeans Inferred resource adds to the potential underground inventory but requires further work.

Positive factors

  • Cut-off grade disclosed

Negative factors

  • Inferred resource category

Evidence · table

“870”

Context: 0

Tags used in scoring

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

indicatedTomingley · goldTonnes: 1000Grade: 2.5Grade Unit: g/tContained Metal: 0Contained Unit: kozView all details
Link to this fact

Identity

Project
Tomingley
Commodity
gold
Region
australia_nsw
Reported Region
Central West New South Wales
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:b2edd53ee5a09d468bc7
Deposit or zone
Wyoming Three

Resource Data

Category
indicated
Tonnes
1000
Grade
2.5
Grade Unit
g/t
Contained Metal
0
Contained Unit
koz
Cutoff Grade
0.9
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30
Prior Tonnes
70000
Prior Grade
2.1
Prior Contained Metal
5

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Wyoming Three Indicated resource saw a substantial reduction in tonnage and contained metal, likely due to changes in cut-off grade and depletion.

Positive factors

  • Indicated resource category
  • Cut-off grade disclosed

Negative factors

  • Significant tonnage decline
  • Significant contained metal decline

Evidence · table

“1”

Context: 0

Tags used in scoring

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

Grade Improvementpositive

Average resource grade improved vs prior estimate — better deposit economics.

Why it applies: 2.5 against 2.1 previously

inferredTomingley · goldTonnes: 181000Grade: 1.9Grade Unit: g/tContained Metal: 11Contained Unit: kozView all details
Link to this fact

Identity

Project
Tomingley
Commodity
gold
Region
australia_nsw
Reported Region
Central West New South Wales
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:e46d6bcc7d900a6a0ffc
Deposit or zone
Wyoming Three

Resource Data

Category
inferred
Tonnes
181000
Grade
1.9
Grade Unit
g/t
Contained Metal
11
Contained Unit
koz
Cutoff Grade
0.9
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Wyoming Three Inferred resource provides future potential but requires further drilling for confidence upgrade.

Positive factors

  • Cut-off grade disclosed

Negative factors

  • Inferred resource category

Evidence · table

“181”

Context: 0

Tags used in scoring

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

measuredTomingley · goldTonnes: 753000Grade: 1.9Grade Unit: g/tView all details
Link to this fact

Identity

Project
Tomingley
Commodity
gold
Region
australia_nsw
Reported Region
Central West New South Wales
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:ac945881c69c010740c0
Deposit or zone
Caloma One

Resource Data

Category
measured
Tonnes
753000
Grade
1.9
Grade Unit
g/t
Cutoff Grade
0.9
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Caloma One Measured resource provides a high-confidence component for underground operations.

Positive factors

  • Measured resource category
  • Cut-off grade disclosed

Evidence · table

“753”

Context: 753

Tags used in scoring

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

indicatedTomingley · goldTonnes: 1111000Grade: 1.8Grade Unit: g/tContained Metal: 110Contained Unit: kozView all details
Link to this fact

Identity

Project
Tomingley
Commodity
gold
Region
australia_nsw
Reported Region
Central West New South Wales
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:39bbc2284dee7bf5924b
Deposit or zone
Caloma One

Resource Data

Category
indicated
Tonnes
1111000
Grade
1.8
Grade Unit
g/t
Contained Metal
110
Contained Unit
koz
Cutoff Grade
0.9
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30
Prior Tonnes
1393000
Prior Grade
2.1
Prior Contained Metal
96

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Caloma One Indicated resource shows a grade decline but an increase in contained metal, likely due to changes in cut-off grade.

Positive factors

  • Indicated resource category
  • Contained metal growth
  • Cut-off grade disclosed

Negative factors

  • Grade decline

Evidence · table

“1,111”

Context: 753

Tags used in scoring

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

Tonnage Declinenegative

Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.

Why it applies: 1111000 against 1393000 previously

Contained Metal Growthpositive

True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: 110 against 96 previously

inferredTomingley · goldTonnes: 82000Grade: 1.2Grade Unit: g/tContained Metal: 3Contained Unit: kozView all details
Link to this fact

Identity

Project
Tomingley
Commodity
gold
Region
australia_nsw
Reported Region
Central West New South Wales
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:ec474344c291f386b9be
Deposit or zone
Caloma One

Resource Data

Category
inferred
Tonnes
82000
Grade
1.2
Grade Unit
g/t
Contained Metal
3
Contained Unit
koz
Cutoff Grade
0.9
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Caloma One Inferred resource provides future potential but requires further drilling for confidence upgrade.

Positive factors

  • Cut-off grade disclosed

Negative factors

  • Inferred resource category

Evidence · table

“82”

Context: 753

Tags used in scoring

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

measuredTomingley · goldTonnes: 3420000Grade: 2.6Grade Unit: g/tView all details
Link to this fact

Identity

Project
Tomingley
Commodity
gold
Region
australia_nsw
Reported Region
Central West New South Wales
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:65f57ff8d656d42dc83c
Deposit or zone
Roswell

Resource Data

Category
measured
Tonnes
3420000
Grade
2.6
Grade Unit
g/t
Cutoff Grade
0.9
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Roswell Measured resource saw significant growth due to extensional drilling, adding high-confidence material to the underground inventory.

Positive factors

  • Measured resource category
  • Significant tonnage growth due to extensional drilling
  • Cut-off grade disclosed

Evidence · table

“3,420”

Context: 3,420

Tags used in scoring

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

indicatedTomingley · goldTonnes: 2240000Grade: 2.2Grade Unit: g/tContained Metal: 444Contained Unit: kozView all details
Link to this fact

Identity

Project
Tomingley
Commodity
gold
Region
australia_nsw
Reported Region
Central West New South Wales
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:ebfca48ffa44160a33a7
Deposit or zone
Roswell

Resource Data

Category
indicated
Tonnes
2240000
Grade
2.2
Grade Unit
g/t
Contained Metal
444
Contained Unit
koz
Cutoff Grade
0.9
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30
Prior Tonnes
5136000
Prior Grade
2.7
Prior Contained Metal
452

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Roswell Indicated resource saw a decline in tonnage, grade, and contained metal, likely due to depletion and changes in cut-off grade.

Positive factors

  • Indicated resource category
  • Cut-off grade disclosed

Negative factors

  • Tonnage decline
  • Grade decline
  • Contained metal decline

Evidence · table

“2,240”

Context: 3,420

Tags used in scoring

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredTomingley · goldTonnes: 551000Grade: 1.3Grade Unit: g/tContained Metal: 23Contained Unit: kozView all details
Link to this fact

Identity

Project
Tomingley
Commodity
gold
Region
australia_nsw
Reported Region
Central West New South Wales
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:fe51c95021d08df93d6c
Deposit or zone
Roswell

Resource Data

Category
inferred
Tonnes
551000
Grade
1.3
Grade Unit
g/t
Contained Metal
23
Contained Unit
koz
Cutoff Grade
0.9
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Roswell Inferred resource provides future potential but requires further drilling for confidence upgrade.

Positive factors

  • Cut-off grade disclosed

Negative factors

  • Inferred resource category

Evidence · table

“551”

Context: 3,420

Tags used in scoring

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

probableTomingley · goldTonnes: 4100000Grade: 1.6Grade Unit: g/tContained Metal: 214Contained Unit: kozView all details
Link to this fact

Identity

Project
Tomingley
Commodity
gold
Region
australia_nsw
Reported Region
Central West New South Wales
Ticker
ALK

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:d0e2145710b857573f58
Deposit or zone
San Antonio

Resource Data

Category
probable
Tonnes
4100000
Grade
1.6
Grade Unit
g/t
Contained Metal
214
Contained Unit
koz
Cutoff Grade
0.4
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30
Prior Tonnes
4100000
Prior Grade
1.6
Prior Contained Metal
214

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: San Antonio Probable reserve remains stable, providing a consistent base for open pit planning.

Positive factors

  • Probable reserve category
  • Cut-off grade disclosed

Evidence · table

“4,100”

Context: 4,100

Tags used in scoring

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

provenTomingley · goldTonnes: 342000Grade: 1.4Grade Unit: g/tContained Metal: 15Contained Unit: kozView all details
Link to this fact

Identity

Project
Tomingley
Commodity
gold
Region
australia_nsw
Reported Region
Central West New South Wales
Ticker
ALK

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:6e1231282f4b6f26cbfd
Deposit or zone
Stockpiles

Resource Data

Category
proven
Tonnes
342000
Grade
1.4
Grade Unit
g/t
Contained Metal
15
Contained Unit
koz
Cutoff Grade
0.4
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30
Prior Tonnes
314000
Prior Grade
1.1
Prior Contained Metal
11

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Stockpile Proved reserve shows positive growth in tonnage, grade, and contained metal, enhancing immediate operational flexibility.

Positive factors

  • Proven reserve category
  • Tonnage growth
  • Grade improvement
  • Contained metal growth
  • Cut-off grade disclosed

Evidence · table

“342”

Context: 342

Tags used in scoring

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

provenTomingley · goldTonnes: 83000Grade: 1.5Grade Unit: g/tView all details
Link to this fact

Identity

Project
Tomingley
Commodity
gold
Region
australia_nsw
Reported Region
Central West New South Wales
Ticker
ALK

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:4bcd78f82a3bb5108766
Deposit or zone
Caloma One

Resource Data

Category
proven
Tonnes
83000
Grade
1.5
Grade Unit
g/t
Cutoff Grade
1.1
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Caloma One Proved reserve provides a high-confidence component for underground operations.

Positive factors

  • Proven reserve category
  • Cut-off grade disclosed

Evidence · table

“83”

Context: 83

Tags used in scoring

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

probableTomingley · goldTonnes: 337000Grade: 1.5Grade Unit: g/tContained Metal: 21Contained Unit: kozView all details
Link to this fact

Identity

Project
Tomingley
Commodity
gold
Region
australia_nsw
Reported Region
Central West New South Wales
Ticker
ALK

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:e0b5220d357680b75ee4
Deposit or zone
Caloma One

Resource Data

Category
probable
Tonnes
337000
Grade
1.5
Grade Unit
g/t
Contained Metal
21
Contained Unit
koz
Cutoff Grade
1.1
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Caloma One Probable reserve contributes to the overall underground reserve base.

Positive factors

  • Probable reserve category
  • Cut-off grade disclosed

Evidence · table

“337”

Context: 83

Tags used in scoring

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

provenTomingley · goldTonnes: 38000Grade: 1.5Grade Unit: g/tView all details
Link to this fact

Identity

Project
Tomingley
Commodity
gold
Region
australia_nsw
Reported Region
Central West New South Wales
Ticker
ALK

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:94a75d104fa9860afa75
Deposit or zone
Caloma Two

Resource Data

Category
proven
Tonnes
38000
Grade
1.5
Grade Unit
g/t
Cutoff Grade
1.3
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Caloma Two Proved reserve provides a high-confidence component for underground operations.

Positive factors

  • Proven reserve category
  • Cut-off grade disclosed

Evidence · table

“38”

Context: 38

Tags used in scoring

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

probableTomingley · goldTonnes: 1005000Grade: 1.7Grade Unit: g/tContained Metal: 58Contained Unit: kozView all details
Link to this fact

Identity

Project
Tomingley
Commodity
gold
Region
australia_nsw
Reported Region
Central West New South Wales
Ticker
ALK

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:fcfec884596daf14aaa1
Deposit or zone
Caloma Two

Resource Data

Category
probable
Tonnes
1005000
Grade
1.7
Grade Unit
g/t
Contained Metal
58
Contained Unit
koz
Cutoff Grade
1.3
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Caloma Two Probable reserve contributes significantly to the underground reserve base.

Positive factors

  • Probable reserve category
  • Cut-off grade disclosed

Evidence · table

“1,005”

Context: 38

Tags used in scoring

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

provenTomingley · goldTonnes: 3364000Grade: 2Grade Unit: g/tView all details
Link to this fact

Identity

Project
Tomingley
Commodity
gold
Region
australia_nsw
Reported Region
Central West New South Wales
Ticker
ALK

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:05f1069048a36b402377
Deposit or zone
Roswell

Resource Data

Category
proven
Tonnes
3364000
Grade
2
Grade Unit
g/t
Cutoff Grade
1.1
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Roswell Proved reserve provides a high-confidence component for underground operations.

Positive factors

  • Proven reserve category
  • Cut-off grade disclosed

Evidence · table

“3,364”

Context: 3,364

Tags used in scoring

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

probableTomingley · goldTonnes: 2131000Grade: 1.7Grade Unit: g/tContained Metal: 333Contained Unit: kozView all details
Link to this fact

Identity

Project
Tomingley
Commodity
gold
Region
australia_nsw
Reported Region
Central West New South Wales
Ticker
ALK

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:a88f036bcf61af55e796
Deposit or zone
Roswell

Resource Data

Category
probable
Tonnes
2131000
Grade
1.7
Grade Unit
g/t
Contained Metal
333
Contained Unit
koz
Cutoff Grade
1.1
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Roswell Probable reserve contributes significantly to the underground reserve base.

Positive factors

  • Probable reserve category
  • Cut-off grade disclosed

Evidence · table

“2,131”

Context: 3,364

Tags used in scoring

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredPeak Hill Gold Project · goldTonnes: 1020000Grade: 3.29Grade Unit: g/tContained Metal: 108Contained Unit: kozView all details
Link to this fact

Identity

Project
Peak Hill Gold Project
Commodity
gold
Region
australia_nsw
Reported Region
Central West New South Wales
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:574ac739c96fe2b9b628
Deposit or zone
Proprietary underground

Resource Data

Category
inferred
Tonnes
1020000
Grade
3.29
Grade Unit
g/t
Contained Metal
108
Contained Unit
koz
Cutoff Grade
2
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Peak Hill Inferred resource remains unchanged, representing future potential but requiring further work.

Positive factors

  • Cut-off grade disclosed

Negative factors

  • Inferred resource category
  • No change in Mineral Resources for FY2026

Evidence · table

“1.02”

Context: 1.02

Tags used in scoring

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredPeak Hill Gold Project · copperTonnes: 1020000Grade: 0.15Grade Unit: %View all details
Link to this fact

Identity

Project
Peak Hill Gold Project
Commodity
copper
Region
australia_nsw
Reported Region
Central West New South Wales
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:574ac739c96fe2b9b628
Deposit or zone
Proprietary underground

Resource Data

Category
inferred
Tonnes
1020000
Grade
0.15
Grade Unit
%
Cutoff Grade
2
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Peak Hill Inferred resource for copper remains unchanged, representing future potential but requiring further work.

Positive factors

  • Cut-off grade disclosed

Negative factors

  • Inferred resource category
  • No change in Mineral Resources for FY2026

Evidence · table

“0.15”

Context: 1.02

Tags used in scoring

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

indicatedBoda-Kaiser · goldTonnes: 191000000Grade: 0.36Grade Unit: g/tContained Metal: 2.62Contained Unit: mozView all details
Link to this fact

Identity

Project
Boda-Kaiser
Commodity
gold
Region
australia_nsw
Reported Region
Central West New South Wales
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:92b34b7945a87263c156
Deposit or zone
Boda

Resource Data

Category
indicated
Tonnes
191000000
Grade
0.36
Grade Unit
g/t
Contained Metal
2.62
Contained Unit
moz
Cutoff Grade
0.3
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2025-10-15

Metal Equivalent

Metal Eq. Grade
0.58
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Boda Indicated resource for gold remains a significant component of the Boda-Kaiser project, with transparent metal equivalent assumptions.

Positive factors

  • Indicated resource category
  • Metal equivalent assumptions disclosed
  • Cut-off grade disclosed

Negative factors

  • No change in Mineral Resources for FY2026

Evidence · table

“191”

Context: 191

Tags used in scoring

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

indicatedBoda-Kaiser · copperTonnes: 191000000Grade: 0.17Grade Unit: %Contained Metal: 0.39Contained Unit: mtView all details
Link to this fact

Identity

Project
Boda-Kaiser
Commodity
copper
Region
australia_nsw
Reported Region
Central West New South Wales
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:92b34b7945a87263c156
Deposit or zone
Boda

Resource Data

Category
indicated
Tonnes
191000000
Grade
0.17
Grade Unit
%
Contained Metal
0.39
Contained Unit
mt
Cutoff Grade
0.3
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2025-10-15

Metal Equivalent

Metal Eq. Grade
0.58
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Boda Indicated resource for copper remains a significant component of the Boda-Kaiser project, with transparent metal equivalent assumptions.

Positive factors

  • Indicated resource category
  • Metal equivalent assumptions disclosed
  • Cut-off grade disclosed

Negative factors

  • No change in Mineral Resources for FY2026

Evidence · table

“191”

Context: 191

Tags used in scoring

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredBoda-Kaiser · goldTonnes: 42000000Grade: 0.29Grade Unit: g/tView all details
Link to this fact

Identity

Project
Boda-Kaiser
Commodity
gold
Region
australia_nsw
Reported Region
Central West New South Wales
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:c0c4d45d59ff2e543ab3
Deposit or zone
Boda

Resource Data

Category
inferred
Tonnes
42000000
Grade
0.29
Grade Unit
g/t
Cutoff Grade
0.3
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2025-10-15

Metal Equivalent

Metal Eq. Grade
0.58
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Boda Inferred resource for gold provides future potential but requires further drilling for confidence upgrade.

Positive factors

  • Metal equivalent assumptions disclosed
  • Cut-off grade disclosed

Negative factors

  • Inferred resource category
  • No change in Mineral Resources for FY2026

Evidence · table

“42”

Context: 191

Tags used in scoring

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

inferredBoda-Kaiser · copperTonnes: 42000000Grade: 0.16Grade Unit: %View all details
Link to this fact

Identity

Project
Boda-Kaiser
Commodity
copper
Region
australia_nsw
Reported Region
Central West New South Wales
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:c0c4d45d59ff2e543ab3
Deposit or zone
Boda

Resource Data

Category
inferred
Tonnes
42000000
Grade
0.16
Grade Unit
%
Cutoff Grade
0.3
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2025-10-15

Metal Equivalent

Metal Eq. Grade
0.58
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Boda Inferred resource for copper provides future potential but requires further drilling for confidence upgrade.

Positive factors

  • Metal equivalent assumptions disclosed
  • Cut-off grade disclosed

Negative factors

  • Inferred resource category
  • No change in Mineral Resources for FY2026

Evidence · table

“42”

Context: 191

Tags used in scoring

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

indicatedBoda-Kaiser · goldTonnes: 179000000Grade: 0.27Grade Unit: g/tContained Metal: 1.64Contained Unit: mozView all details
Link to this fact

Identity

Project
Boda-Kaiser
Commodity
gold
Region
australia_nsw
Reported Region
Central West New South Wales
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:d9ee7ba44b60c066a619
Deposit or zone
Kaiser

Resource Data

Category
indicated
Tonnes
179000000
Grade
0.27
Grade Unit
g/t
Contained Metal
1.64
Contained Unit
moz
Cutoff Grade
0.3
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2025-10-15

Metal Equivalent

Metal Eq. Grade
0.54
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Kaiser Indicated resource for gold remains a significant component of the Boda-Kaiser project, with transparent metal equivalent assumptions.

Positive factors

  • Indicated resource category
  • Metal equivalent assumptions disclosed
  • Cut-off grade disclosed

Negative factors

  • No change in Mineral Resources for FY2026

Evidence · table

“179”

Context: 179

Tags used in scoring

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

indicatedBoda-Kaiser · copperTonnes: 179000000Grade: 0.2Grade Unit: %Contained Metal: 0.37Contained Unit: mtView all details
Link to this fact

Identity

Project
Boda-Kaiser
Commodity
copper
Region
australia_nsw
Reported Region
Central West New South Wales
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:d9ee7ba44b60c066a619
Deposit or zone
Kaiser

Resource Data

Category
indicated
Tonnes
179000000
Grade
0.2
Grade Unit
%
Contained Metal
0.37
Contained Unit
mt
Cutoff Grade
0.3
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2025-10-15

Metal Equivalent

Metal Eq. Grade
0.54
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Kaiser Indicated resource for copper remains a significant component of the Boda-Kaiser project, with transparent metal equivalent assumptions.

Positive factors

  • Indicated resource category
  • Metal equivalent assumptions disclosed
  • Cut-off grade disclosed

Negative factors

  • No change in Mineral Resources for FY2026

Evidence · table

“179”

Context: 179

Tags used in scoring

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredBoda-Kaiser · goldTonnes: 10000000Grade: 0.29Grade Unit: g/tView all details
Link to this fact

Identity

Project
Boda-Kaiser
Commodity
gold
Region
australia_nsw
Reported Region
Central West New South Wales
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:a8fba3cf4194a2f38075
Deposit or zone
Kaiser

Resource Data

Category
inferred
Tonnes
10000000
Grade
0.29
Grade Unit
g/t
Cutoff Grade
0.3
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2025-10-15

Metal Equivalent

Metal Eq. Grade
0.54
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Kaiser Inferred resource for gold provides future potential but requires further drilling for confidence upgrade.

Positive factors

  • Metal equivalent assumptions disclosed
  • Cut-off grade disclosed

Negative factors

  • Inferred resource category
  • No change in Mineral Resources for FY2026

Evidence · table

“10”

Context: 179

Tags used in scoring

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

inferredBoda-Kaiser · copperTonnes: 10000000Grade: 0.14Grade Unit: %View all details
Link to this fact

Identity

Project
Boda-Kaiser
Commodity
copper
Region
australia_nsw
Reported Region
Central West New South Wales
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:a8fba3cf4194a2f38075
Deposit or zone
Kaiser

Resource Data

Category
inferred
Tonnes
10000000
Grade
0.14
Grade Unit
%
Cutoff Grade
0.3
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2025-10-15

Metal Equivalent

Metal Eq. Grade
0.54
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Kaiser Inferred resource for copper provides future potential but requires further drilling for confidence upgrade.

Positive factors

  • Metal equivalent assumptions disclosed
  • Cut-off grade disclosed

Negative factors

  • Inferred resource category
  • No change in Mineral Resources for FY2026

Evidence · table

“10”

Context: 179

Tags used in scoring

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

indicatedBoda-Kaiser · goldTonnes: 151000000Grade: 0.34Grade Unit: g/tContained Metal: 3.78Contained Unit: mozView all details
Link to this fact

Identity

Project
Boda-Kaiser
Commodity
gold
Region
australia_nsw
Reported Region
Central West New South Wales
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:7e7ac2a00b04cfc979bc
Deposit or zone
Boda

Resource Data

Category
indicated
Tonnes
151000000
Grade
0.34
Grade Unit
g/t
Contained Metal
3.78
Contained Unit
moz
Cutoff Grade
0.4
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2025-10-15

Metal Equivalent

Metal Eq. Grade
0.59
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Boda Indicated resource for gold remains a significant component of the Boda-Kaiser project, with transparent metal equivalent assumptions.

Positive factors

  • Indicated resource category
  • Metal equivalent assumptions disclosed
  • Cut-off grade disclosed

Negative factors

  • No change in Mineral Resources for FY2026

Evidence · table

“151”

Context: 151

Tags used in scoring

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

indicatedBoda-Kaiser · copperTonnes: 151000000Grade: 0.2Grade Unit: %Contained Metal: 0.65Contained Unit: mtView all details
Link to this fact

Identity

Project
Boda-Kaiser
Commodity
copper
Region
australia_nsw
Reported Region
Central West New South Wales
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:7e7ac2a00b04cfc979bc
Deposit or zone
Boda

Resource Data

Category
indicated
Tonnes
151000000
Grade
0.2
Grade Unit
%
Contained Metal
0.65
Contained Unit
mt
Cutoff Grade
0.4
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2025-10-15

Metal Equivalent

Metal Eq. Grade
0.59
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Boda Indicated resource for copper remains a significant component of the Boda-Kaiser project, with transparent metal equivalent assumptions.

Positive factors

  • Indicated resource category
  • Metal equivalent assumptions disclosed
  • Cut-off grade disclosed

Negative factors

  • No change in Mineral Resources for FY2026

Evidence · table

“151”

Context: 151

Tags used in scoring

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredBoda-Kaiser · goldTonnes: 198000000Grade: 0.34Grade Unit: g/tView all details
Link to this fact

Identity

Project
Boda-Kaiser
Commodity
gold
Region
australia_nsw
Reported Region
Central West New South Wales
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:e2e8b45b9a3e3c23de42
Deposit or zone
Boda

Resource Data

Category
inferred
Tonnes
198000000
Grade
0.34
Grade Unit
g/t
Cutoff Grade
0.4
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2025-10-15

Metal Equivalent

Metal Eq. Grade
0.59
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Boda Inferred resource for gold provides future potential but requires further drilling for confidence upgrade.

Positive factors

  • Metal equivalent assumptions disclosed
  • Cut-off grade disclosed

Negative factors

  • Inferred resource category
  • No change in Mineral Resources for FY2026

Evidence · table

“198”

Context: 151

Tags used in scoring

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

inferredBoda-Kaiser · copperTonnes: 198000000Grade: 0.18Grade Unit: %View all details
Link to this fact

Identity

Project
Boda-Kaiser
Commodity
copper
Region
australia_nsw
Reported Region
Central West New South Wales
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:e2e8b45b9a3e3c23de42
Deposit or zone
Boda

Resource Data

Category
inferred
Tonnes
198000000
Grade
0.18
Grade Unit
%
Cutoff Grade
0.4
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2025-10-15

Metal Equivalent

Metal Eq. Grade
0.59
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Boda Inferred resource for copper provides future potential but requires further drilling for confidence upgrade.

Positive factors

  • Metal equivalent assumptions disclosed
  • Cut-off grade disclosed

Negative factors

  • Inferred resource category
  • No change in Mineral Resources for FY2026

Evidence · table

“198”

Context: 151

Tags used in scoring

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

indicatedBoda-Kaiser · goldTonnes: 16000000Grade: 0.3Grade Unit: g/tContained Metal: 0.24Contained Unit: mozView all details
Link to this fact

Identity

Project
Boda-Kaiser
Commodity
gold
Region
australia_nsw
Reported Region
Central West New South Wales
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:d276ad0e042b2c81337b
Deposit or zone
Kaiser

Resource Data

Category
indicated
Tonnes
16000000
Grade
0.3
Grade Unit
g/t
Contained Metal
0.24
Contained Unit
moz
Cutoff Grade
0.4
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2025-10-15

Metal Equivalent

Metal Eq. Grade
0.61
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Kaiser Indicated resource for gold remains a significant component of the Boda-Kaiser project, with transparent metal equivalent assumptions.

Positive factors

  • Indicated resource category
  • Metal equivalent assumptions disclosed
  • Cut-off grade disclosed

Negative factors

  • No change in Mineral Resources for FY2026

Evidence · table

“16”

Context: 16

Tags used in scoring

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

indicatedBoda-Kaiser · copperTonnes: 16000000Grade: 0.22Grade Unit: %Contained Metal: 0.05Contained Unit: mtView all details
Link to this fact

Identity

Project
Boda-Kaiser
Commodity
copper
Region
australia_nsw
Reported Region
Central West New South Wales
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:d276ad0e042b2c81337b
Deposit or zone
Kaiser

Resource Data

Category
indicated
Tonnes
16000000
Grade
0.22
Grade Unit
%
Contained Metal
0.05
Contained Unit
mt
Cutoff Grade
0.4
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2025-10-15

Metal Equivalent

Metal Eq. Grade
0.61
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Kaiser Indicated resource for copper remains a significant component of the Boda-Kaiser project, with transparent metal equivalent assumptions.

Positive factors

  • Indicated resource category
  • Metal equivalent assumptions disclosed
  • Cut-off grade disclosed

Negative factors

  • No change in Mineral Resources for FY2026

Evidence · table

“16”

Context: 16

Tags used in scoring

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredBoda-Kaiser · goldTonnes: 8000000Grade: 0.36Grade Unit: g/tView all details
Link to this fact

Identity

Project
Boda-Kaiser
Commodity
gold
Region
australia_nsw
Reported Region
Central West New South Wales
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:0550f943e605898958a2
Deposit or zone
Kaiser

Resource Data

Category
inferred
Tonnes
8000000
Grade
0.36
Grade Unit
g/t
Cutoff Grade
0.4
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2025-10-15

Metal Equivalent

Metal Eq. Grade
0.61
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Kaiser Inferred resource for gold provides future potential but requires further drilling for confidence upgrade.

Positive factors

  • Metal equivalent assumptions disclosed
  • Cut-off grade disclosed

Negative factors

  • Inferred resource category
  • No change in Mineral Resources for FY2026

Evidence · table

“8”

Context: 16

Tags used in scoring

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

inferredBoda-Kaiser · copperTonnes: 8000000Grade: 0.2Grade Unit: %View all details
Link to this fact

Identity

Project
Boda-Kaiser
Commodity
copper
Region
australia_nsw
Reported Region
Central West New South Wales
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:0550f943e605898958a2
Deposit or zone
Kaiser

Resource Data

Category
inferred
Tonnes
8000000
Grade
0.2
Grade Unit
%
Cutoff Grade
0.4
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2025-10-15

Metal Equivalent

Metal Eq. Grade
0.61
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Kaiser Inferred resource for copper provides future potential but requires further drilling for confidence upgrade.

Positive factors

  • Metal equivalent assumptions disclosed
  • Cut-off grade disclosed

Negative factors

  • Inferred resource category
  • No change in Mineral Resources for FY2026

Evidence · table

“8”

Context: 16

Tags used in scoring

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

measuredCosterfield · goldTonnes: 423000Grade: 10Grade Unit: g/tContained Metal: 136Contained Unit: kozView all details
Link to this fact

Identity

Project
Costerfield
Commodity
gold
Region
australia_vic
Reported Region
Central Victoria
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:454474202bd5c491abeb

Resource Data

Category
measured
Tonnes
423000
Grade
10
Grade Unit
g/t
Contained Metal
136
Contained Unit
koz

Prior Estimate

Resource Date
2026-06-30
Prior Tonnes
387000
Prior Grade
13.1
Prior Contained Metal
162

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Costerfield Measured gold resource shows tonnage growth but a decline in grade and contained metal, likely due to depletion and changes in cut-off grade.

Positive factors

  • Measured resource category
  • Tonnage growth

Negative factors

  • Grade decline
  • Contained metal decline

Evidence · table

“423”

Context: 423

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

Dilutive Growthnegative

Tonnage increased but contained metal flat or down — likely from lower cut-off grade, not geological expansion.

Why it applies: tonnage rose while contained metal went 136 from 162

measuredCosterfield · antimonyTonnes: 423000Grade: 3.2Grade Unit: %Contained Metal: 13.7Contained Unit: ktView all details
Link to this fact

Identity

Project
Costerfield
Commodity
antimony
Region
australia_vic
Reported Region
Central Victoria
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:454474202bd5c491abeb

Resource Data

Category
measured
Tonnes
423000
Grade
3.2
Grade Unit
%
Contained Metal
13.7
Contained Unit
kt

Prior Estimate

Resource Date
2026-06-30
Prior Tonnes
387000
Prior Grade
3.7
Prior Contained Metal
14.4

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Costerfield Measured antimony resource shows tonnage growth but a decline in grade and contained metal, likely due to depletion and changes in cut-off grade.

Positive factors

  • Measured resource category
  • Tonnage growth

Negative factors

  • Grade decline
  • Contained metal decline

Evidence · table

“423”

Context: 423

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

Dilutive Growthnegative

Tonnage increased but contained metal flat or down — likely from lower cut-off grade, not geological expansion.

Why it applies: tonnage rose while contained metal went 13.7 from 14.4

measuredCosterfield · goldTonnes: 49000Grade: 3.7Grade Unit: g/tContained Metal: 6Contained Unit: kozView all details
Link to this fact

Identity

Project
Costerfield
Commodity
gold
Region
australia_vic
Reported Region
Central Victoria
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:996f35f900de641b130a

Resource Data

Category
measured
Tonnes
49000
Grade
3.7
Grade Unit
g/t
Contained Metal
6
Contained Unit
koz

Prior Estimate

Resource Date
2026-06-30
Prior Tonnes
41000
Prior Grade
5.6
Prior Contained Metal
7

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Costerfield Measured stockpile gold resource shows tonnage growth but a decline in grade and contained metal.

Positive factors

  • Measured resource category
  • Tonnage growth

Negative factors

  • Grade decline
  • Contained metal decline

Evidence · table

“49”

Context: 49

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

Dilutive Growthnegative

Tonnage increased but contained metal flat or down — likely from lower cut-off grade, not geological expansion.

Why it applies: tonnage rose while contained metal went 6 from 7

measuredCosterfield · antimonyTonnes: 49000Grade: 0.6Grade Unit: %Contained Metal: 0.3Contained Unit: ktView all details
Link to this fact

Identity

Project
Costerfield
Commodity
antimony
Region
australia_vic
Reported Region
Central Victoria
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:996f35f900de641b130a

Resource Data

Category
measured
Tonnes
49000
Grade
0.6
Grade Unit
%
Contained Metal
0.3
Contained Unit
kt

Prior Estimate

Resource Date
2026-06-30
Prior Tonnes
41000
Prior Grade
0.7
Prior Contained Metal
0.3

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Costerfield Measured stockpile antimony resource shows tonnage growth but a slight grade decline, with stable contained metal.

Positive factors

  • Measured resource category
  • Tonnage growth

Negative factors

  • Grade decline

Evidence · table

“49”

Context: 49

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

Dilutive Growthnegative

Tonnage increased but contained metal flat or down — likely from lower cut-off grade, not geological expansion.

Why it applies: tonnage rose while contained metal went 0.3 from 0.3

indicatedCosterfield · goldTonnes: 1521000Grade: 5Grade Unit: g/tContained Metal: 245Contained Unit: kozView all details
Link to this fact

Identity

Project
Costerfield
Commodity
gold
Region
australia_vic
Reported Region
Central Victoria
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:9071e44282f627e73569

Resource Data

Category
indicated
Tonnes
1521000
Grade
5
Grade Unit
g/t
Contained Metal
245
Contained Unit
koz

Prior Estimate

Resource Date
2026-06-30
Prior Tonnes
735000
Prior Grade
5.5
Prior Contained Metal
131

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Costerfield Indicated gold resource shows significant growth in tonnage and contained metal, driven by exploration success and category upgrades, despite a slight grade decline.

Positive factors

  • Indicated resource category
  • Significant tonnage growth
  • Significant contained metal growth
  • Category upgrade from exploration success

Negative factors

  • Grade decline

Evidence · table

“1,521”

Context: 1,521

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

indicatedCosterfield · antimonyTonnes: 1521000Grade: 1.8Grade Unit: %Contained Metal: 28Contained Unit: ktView all details
Link to this fact

Identity

Project
Costerfield
Commodity
antimony
Region
australia_vic
Reported Region
Central Victoria
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:9071e44282f627e73569

Resource Data

Category
indicated
Tonnes
1521000
Grade
1.8
Grade Unit
%
Contained Metal
28
Contained Unit
kt

Prior Estimate

Resource Date
2026-06-30
Prior Tonnes
735000
Prior Grade
2
Prior Contained Metal
15

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Costerfield Indicated antimony resource shows significant growth in tonnage and contained metal, driven by exploration success and category upgrades, despite a slight grade decline.

Positive factors

  • Indicated resource category
  • Significant tonnage growth
  • Significant contained metal growth
  • Category upgrade from exploration success

Negative factors

  • Grade decline

Evidence · table

“1,521”

Context: 1,521

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredCosterfield · goldTonnes: 969000Grade: 3.6Grade Unit: g/tContained Metal: 111Contained Unit: kozView all details
Link to this fact

Identity

Project
Costerfield
Commodity
gold
Region
australia_vic
Reported Region
Central Victoria
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:c6b383cf2f8995bd22cd

Resource Data

Category
inferred
Tonnes
969000
Grade
3.6
Grade Unit
g/t
Contained Metal
111
Contained Unit
koz

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Costerfield Inferred gold resource provides future potential but requires further drilling for confidence upgrade.

Negative factors

  • Inferred resource category

Evidence · table

“969”

Context: 969

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredCosterfield · antimonyTonnes: 969000Grade: 1.3Grade Unit: %Contained Metal: 12.9Contained Unit: ktView all details
Link to this fact

Identity

Project
Costerfield
Commodity
antimony
Region
australia_vic
Reported Region
Central Victoria
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:c6b383cf2f8995bd22cd

Resource Data

Category
inferred
Tonnes
969000
Grade
1.3
Grade Unit
%
Contained Metal
12.9
Contained Unit
kt

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Costerfield Inferred antimony resource provides future potential but requires further drilling for confidence upgrade.

Negative factors

  • Inferred resource category

Evidence · table

“969”

Context: 969

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

provenCosterfield · goldTonnes: 220000Grade: 7.4Grade Unit: g/tContained Metal: 52Contained Unit: kozView all details
Link to this fact

Identity

Project
Costerfield
Commodity
gold
Region
australia_vic
Reported Region
Central Victoria
Ticker
ALK

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:19e14e0aaeca2a3bf0c6

Resource Data

Category
proven
Tonnes
220000
Grade
7.4
Grade Unit
g/t
Contained Metal
52
Contained Unit
koz

Prior Estimate

Resource Date
2026-06-30
Prior Tonnes
255700
Prior Grade
11.6
Prior Contained Metal
95.6

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Costerfield Proved gold reserve saw declines in tonnage, grade, and contained metal, likely due to depletion.

Positive factors

  • Proven reserve category

Negative factors

  • Tonnage decline
  • Grade decline
  • Contained metal decline

Evidence · table

“220”

Context: 220

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

provenCosterfield · antimonyTonnes: 220000Grade: 1.7Grade Unit: %Contained Metal: 3.7Contained Unit: ktView all details
Link to this fact

Identity

Project
Costerfield
Commodity
antimony
Region
australia_vic
Reported Region
Central Victoria
Ticker
ALK

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:19e14e0aaeca2a3bf0c6

Resource Data

Category
proven
Tonnes
220000
Grade
1.7
Grade Unit
%
Contained Metal
3.7
Contained Unit
kt

Prior Estimate

Resource Date
2026-06-30
Prior Tonnes
255700
Prior Grade
2.4
Prior Contained Metal
6.1

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Costerfield Proved antimony reserve saw declines in tonnage, grade, and contained metal, likely due to depletion.

Positive factors

  • Proven reserve category

Negative factors

  • Tonnage decline
  • Grade decline
  • Contained metal decline

Evidence · table

“220”

Context: 220

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

provenCosterfield · goldTonnes: 49000Grade: 3.7Grade Unit: g/tContained Metal: 6Contained Unit: kozView all details
Link to this fact

Identity

Project
Costerfield
Commodity
gold
Region
australia_vic
Reported Region
Central Victoria
Ticker
ALK

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:dcc518ed4c16492807f0

Resource Data

Category
proven
Tonnes
49000
Grade
3.7
Grade Unit
g/t
Contained Metal
6
Contained Unit
koz

Prior Estimate

Resource Date
2026-06-30
Prior Tonnes
41000
Prior Grade
5.6
Prior Contained Metal
7.4

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Costerfield Proved stockpile gold reserve shows tonnage growth but a decline in grade and contained metal.

Positive factors

  • Proven reserve category
  • Tonnage growth

Negative factors

  • Grade decline
  • Contained metal decline

Evidence · table

“49”

Context: 49

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

Dilutive Growthnegative

Tonnage increased but contained metal flat or down — likely from lower cut-off grade, not geological expansion.

Why it applies: tonnage rose while contained metal went 6 from 7.4

provenCosterfield · antimonyTonnes: 49000Grade: 0.6Grade Unit: %Contained Metal: 0.3Contained Unit: ktView all details
Link to this fact

Identity

Project
Costerfield
Commodity
antimony
Region
australia_vic
Reported Region
Central Victoria
Ticker
ALK

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:dcc518ed4c16492807f0

Resource Data

Category
proven
Tonnes
49000
Grade
0.6
Grade Unit
%
Contained Metal
0.3
Contained Unit
kt

Prior Estimate

Resource Date
2026-06-30
Prior Tonnes
41000
Prior Grade
0.7
Prior Contained Metal
0.3

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Costerfield Proved stockpile antimony reserve shows tonnage growth but a slight grade decline, with stable contained metal.

Positive factors

  • Proven reserve category
  • Tonnage growth

Negative factors

  • Grade decline

Evidence · table

“49”

Context: 49

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

Dilutive Growthnegative

Tonnage increased but contained metal flat or down — likely from lower cut-off grade, not geological expansion.

Why it applies: tonnage rose while contained metal went 0.3 from 0.3

probableCosterfield · goldTonnes: 690000Grade: 5.1Grade Unit: g/tContained Metal: 112Contained Unit: kozView all details
Link to this fact

Identity

Project
Costerfield
Commodity
gold
Region
australia_vic
Reported Region
Central Victoria
Ticker
ALK

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:659bb83d7bb1d65cf9b6

Resource Data

Category
probable
Tonnes
690000
Grade
5.1
Grade Unit
g/t
Contained Metal
112
Contained Unit
koz

Prior Estimate

Resource Date
2026-06-30
Prior Tonnes
240400
Prior Grade
6
Prior Contained Metal
46.1

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Costerfield Probable gold reserve shows significant growth in tonnage and contained metal, driven by new lodes, despite a grade decline.

Positive factors

  • Probable reserve category
  • Significant tonnage growth
  • Significant contained metal growth
  • Additions from Brunswick South and Kendal lodes

Negative factors

  • Grade decline

Evidence · table

“690”

Context: 690

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

probableCosterfield · antimonyTonnes: 690000Grade: 1.6Grade Unit: %Contained Metal: 10.9Contained Unit: ktView all details
Link to this fact

Identity

Project
Costerfield
Commodity
antimony
Region
australia_vic
Reported Region
Central Victoria
Ticker
ALK

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:659bb83d7bb1d65cf9b6

Resource Data

Category
probable
Tonnes
690000
Grade
1.6
Grade Unit
%
Contained Metal
10.9
Contained Unit
kt

Prior Estimate

Resource Date
2026-06-30
Prior Tonnes
240400
Prior Grade
1.8
Prior Contained Metal
4.2

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Costerfield Probable antimony reserve shows significant growth in tonnage and contained metal, driven by new lodes, despite a grade decline.

Positive factors

  • Probable reserve category
  • Significant tonnage growth
  • Significant contained metal growth
  • Additions from Brunswick South and Kendal lodes

Negative factors

  • Grade decline

Evidence · table

“690”

Context: 690

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

measuredBjörkdal · goldTonnes: 1278000Grade: 2.48Grade Unit: g/tContained Metal: 102Contained Unit: kozView all details
Link to this fact

Identity

Project
Björkdal
Commodity
gold
Region
sweden
Reported Region
Northern Sweden
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:3548bef4ebffc8fa4c4a
Deposit or zone
Björkdal Underground

Resource Data

Category
measured
Tonnes
1278000
Grade
2.48
Grade Unit
g/t
Contained Metal
102
Contained Unit
koz

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Björkdal Underground Measured resource provides a high-confidence component for operations.

Positive factors

  • Measured resource category

Evidence · table

“1,278”

Context: 1,278

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

indicatedBjörkdal · goldTonnes: 4102000Grade: 1.62Grade Unit: g/tContained Metal: 214Contained Unit: kozView all details
Link to this fact

Identity

Project
Björkdal
Commodity
gold
Region
sweden
Reported Region
Northern Sweden
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:ee060b0a08196d28f14e
Deposit or zone
Björkdal Open Pit

Resource Data

Category
indicated
Tonnes
4102000
Grade
1.62
Grade Unit
g/t
Contained Metal
214
Contained Unit
koz

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Björkdal Open Pit Indicated resource contributes to the overall resource base.

Positive factors

  • Indicated resource category

Evidence · table

“4,102”

Context: 4,102

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

indicatedBjörkdal · goldTonnes: 14881000Grade: 2.21Grade Unit: g/tContained Metal: 1058Contained Unit: kozView all details
Link to this fact

Identity

Project
Björkdal
Commodity
gold
Region
sweden
Reported Region
Northern Sweden
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:05e936bd0ac0abbb32fd
Deposit or zone
Björkdal Underground

Resource Data

Category
indicated
Tonnes
14881000
Grade
2.21
Grade Unit
g/t
Contained Metal
1058
Contained Unit
koz

Prior Estimate

Resource Date
2026-06-30
Prior Tonnes
20125000
Prior Grade
2.14
Prior Contained Metal
1382

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Björkdal Underground Indicated resource shows a decline in tonnage and contained metal, despite a slight grade improvement, likely due to depletion.

Positive factors

  • Indicated resource category
  • Grade improvement

Negative factors

  • Tonnage decline
  • Contained metal decline

Evidence · table

“14,881”

Context: 14,881

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

indicatedBjörkdal · goldTonnes: 1075000Grade: 2.51Grade Unit: g/tContained Metal: 87Contained Unit: kozView all details
Link to this fact

Identity

Project
Björkdal
Commodity
gold
Region
sweden
Reported Region
Northern Sweden
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:d38fd85b216e49a7034f
Deposit or zone
Storheden Underground

Resource Data

Category
indicated
Tonnes
1075000
Grade
2.51
Grade Unit
g/t
Contained Metal
87
Contained Unit
koz

Prior Estimate

Resource Date
2026-06-30
Prior Tonnes
0
Prior Grade
0
Prior Contained Metal
0

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Storheden Indicated resource is a new and significant addition, demonstrating successful extensional drilling and resource growth.

Positive factors

  • Indicated resource category
  • Significant tonnage growth
  • Significant contained metal growth
  • Category upgrade from extensional drilling

Evidence · table

“1,075”

Context: 1,075

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

indicatedBjörkdal · goldTonnes: 916000Grade: 0.57Grade Unit: g/tContained Metal: 17Contained Unit: kozView all details
Link to this fact

Identity

Project
Björkdal
Commodity
gold
Region
sweden
Reported Region
Northern Sweden
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:e9677a04a11ccef43d77
Deposit or zone
Stockpile

Resource Data

Category
indicated
Tonnes
916000
Grade
0.57
Grade Unit
g/t
Contained Metal
17
Contained Unit
koz

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Björkdal Stockpile Indicated resource provides additional material for processing.

Positive factors

  • Indicated resource category

Evidence · table

“916”

Context: 916

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

indicatedBjörkdal · goldTonnes: 221000Grade: 2.76Grade Unit: g/tContained Metal: 20Contained Unit: kozView all details
Link to this fact

Identity

Project
Björkdal
Commodity
gold
Region
sweden
Reported Region
Northern Sweden
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:c9caa3403223eefc4050
Deposit or zone
Norrberget Open Pit

Resource Data

Category
indicated
Tonnes
221000
Grade
2.76
Grade Unit
g/t
Contained Metal
20
Contained Unit
koz

Prior Estimate

Resource Date
2026-06-30
Prior Tonnes
221000
Prior Grade
2.76
Prior Contained Metal
20

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Norrberget Open Pit Indicated resource remains stable, contributing to the overall resource base.

Positive factors

  • Indicated resource category

Negative factors

  • No change in Mineral Resources for FY2026

Evidence · table

“221”

Context: 221

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredBjörkdal · goldTonnes: 6371000Grade: 1.13Grade Unit: g/tContained Metal: 231Contained Unit: kozView all details
Link to this fact

Identity

Project
Björkdal
Commodity
gold
Region
sweden
Reported Region
Northern Sweden
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:7a4851525d9206fdb025
Deposit or zone
Björkdal Open Pit

Resource Data

Category
inferred
Tonnes
6371000
Grade
1.13
Grade Unit
g/t
Contained Metal
231
Contained Unit
koz

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Björkdal Open Pit Inferred resource provides future potential but requires further drilling for confidence upgrade.

Negative factors

  • Inferred resource category

Evidence · table

“6,371”

Context: 6,371

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredBjörkdal · goldTonnes: 3783000Grade: 1.96Grade Unit: g/tContained Metal: 238Contained Unit: kozView all details
Link to this fact

Identity

Project
Björkdal
Commodity
gold
Region
sweden
Reported Region
Northern Sweden
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:92c74e58a4b1c0c4c218
Deposit or zone
Björkdal Underground

Resource Data

Category
inferred
Tonnes
3783000
Grade
1.96
Grade Unit
g/t
Contained Metal
238
Contained Unit
koz

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Björkdal Underground Inferred resource provides future potential but requires further drilling for confidence upgrade.

Negative factors

  • Inferred resource category

Evidence · table

“3,783”

Context: 6,371

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredBjörkdal · goldTonnes: 1846000Grade: 2.11Grade Unit: g/tContained Metal: 125Contained Unit: kozView all details
Link to this fact

Identity

Project
Björkdal
Commodity
gold
Region
sweden
Reported Region
Northern Sweden
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:f2d2f54963e5dea83d80
Deposit or zone
Storheden Underground

Resource Data

Category
inferred
Tonnes
1846000
Grade
2.11
Grade Unit
g/t
Contained Metal
125
Contained Unit
koz

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Storheden Underground Inferred resource provides future potential but requires further drilling for confidence upgrade.

Negative factors

  • Inferred resource category

Evidence · table

“1,846”

Context: 6,371

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredBjörkdal · goldTonnes: 96000Grade: 5.38Grade Unit: g/tContained Metal: 17Contained Unit: kozView all details
Link to this fact

Identity

Project
Björkdal
Commodity
gold
Region
sweden
Reported Region
Northern Sweden
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:2bf97cfdc188174f682e
Deposit or zone
Norrberget Open Pit

Resource Data

Category
inferred
Tonnes
96000
Grade
5.38
Grade Unit
g/t
Contained Metal
17
Contained Unit
koz

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Norrberget Open Pit Inferred resource provides future potential but requires further drilling for confidence upgrade.

Negative factors

  • Inferred resource category

Evidence · table

“96”

Context: 6,371

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

provenBjörkdal · goldTonnes: 1155000Grade: 1.63Grade Unit: g/tContained Metal: 61Contained Unit: kozView all details
Link to this fact

Identity

Project
Björkdal
Commodity
gold
Region
sweden
Reported Region
Northern Sweden
Ticker
ALK

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:0e26aae48d83ea144595
Deposit or zone
Björkdal Underground

Resource Data

Category
proven
Tonnes
1155000
Grade
1.63
Grade Unit
g/t
Contained Metal
61
Contained Unit
koz

Prior Estimate

Resource Date
2026-06-30
Prior Tonnes
848000
Prior Grade
1.54
Prior Contained Metal
42

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Björkdal Underground Proven reserve shows positive growth in tonnage, grade, and contained metal, enhancing operational confidence.

Positive factors

  • Proven reserve category
  • Tonnage growth
  • Grade improvement
  • Contained metal growth

Evidence · table

“1,155”

Context: 1,155

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

probableBjörkdal · goldTonnes: 5526000Grade: 1.61Grade Unit: g/tContained Metal: 287Contained Unit: kozView all details
Link to this fact

Identity

Project
Björkdal
Commodity
gold
Region
sweden
Reported Region
Northern Sweden
Ticker
ALK

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:1d1c45e3c8e01c14bbc6
Deposit or zone
Björkdal Underground

Resource Data

Category
probable
Tonnes
5526000
Grade
1.61
Grade Unit
g/t
Contained Metal
287
Contained Unit
koz

Prior Estimate

Resource Date
2026-06-30
Prior Tonnes
12200000
Prior Grade
1.28
Prior Contained Metal
501

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Björkdal Underground Probable reserve saw significant declines in tonnage and contained metal, despite a grade improvement, likely due to depletion.

Positive factors

  • Probable reserve category
  • Grade improvement

Negative factors

  • Significant tonnage decline
  • Significant contained metal decline

Evidence · table

“5,526”

Context: 5,526

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

probableBjörkdal · goldTonnes: 5363000Grade: 1.06Grade Unit: g/tContained Metal: 184Contained Unit: kozView all details
Link to this fact

Identity

Project
Björkdal
Commodity
gold
Region
sweden
Reported Region
Northern Sweden
Ticker
ALK

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Chris Davis, Mr Craig Pridmore, Mr John Millbank, Mr Christopher Hiller, Mr David Meates, Mr Cael Gniel, Mr Robert Urie, Mr Reno Pressacco, Mr Bryan J. Pullman
Resource group id
resource:f41a8853e06a6858c393
Deposit or zone
Björkdal Open Pit

Resource Data

Category
probable
Tonnes
5363000
Grade
1.06
Grade Unit
g/t
Contained Metal
184
Contained Unit
koz

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-02T00:00:00.000Z

Reasoning: Björkdal Open Pit Probable reserve contributes to the overall reserve base.

Positive factors

  • Probable reserve category

Evidence · table

“5,363”

Context: 5,363

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.